ACTIVE$2,650,000

5457 Encino, Encino, California 91316

3Beds

2Baths

2,260Sqft

43,037Lot

Year Built

1939

List price

$2.65M

Original List price

$2,650

Price/Sqft

$1,173

HOA

Days on market

Sold On

MLS number

SR25246116

Home ConditionTear down

Features

View-

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.65M(77th), sqft - 2260(52th), beds - 3(49th), baths - 2(40th).

Bring your architect and builder, to renovate or build within the esteemed Amestoy Estates of Encino. This nearly one-acre, flat 43,037 sq ft lot presents an exceptional canvas for a luxury compound. Strategically positioned amidst multi-million-dollar residences. Enjoy your privacy with a gated entrance and a 20+ foot wide private driveway. The expansive 2,200 sq ft Mediterranean home 3rd bedroom converted to den/office , featuring vaulted ceilings and a chef's kitchen, Resort-style oasis and a private court for tennis, pickleball, or basketball among multi-million dollar estates and tree-lined streets, this oversized lot provides endless design possibilities top-rated schools, including the Academy of Enriched Sciences and Westmark School, nestled in the heart of the coveted Amestoy Estates.

Price History

Date

Event

Price

10/24/25

Price Change

$2,650,000

10/23/25

Listing

$2,650

Condition Rating

Tear down

Built in 1939, the property is explicitly marketed as a 'canvas' for renovation or new construction, indicating the existing structure is not considered a primary asset. The description 'Bring your architect and builder, to renovate or build' and the property analysis highlighting 'Significant Renovation/Rebuild Required' strongly suggest the current home is beyond typical repair and its value lies in the land for redevelopment. The lack of interior photos and the age further support this assessment, aligning with the criteria for a 'tear-down' where the value is based solely on the land.

Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43037, living area = 2260.

Expansive Development-Ready Lot: A nearly one-acre (43,037 sq ft) flat lot presents an 'exceptional canvas for a luxury compound' with 'endless design possibilities,' offering significant potential for custom development.

Prestigious Neighborhood: Located in the 'esteemed Amestoy Estates of Encino,' surrounded by 'multi-million-dollar residences' and 'tree-lined streets,' indicating a highly desirable and affluent community.

Enhanced Privacy and Exclusivity: Features a 'gated entrance and a 20+ foot wide private driveway,' providing superior privacy and a sense of exclusivity for residents.

Access to Top-Rated Schools: Situated within a district offering 'top-rated schools, including the Academy of Enriched Sciences and Westmark School,' a strong appeal for families.

Existing Recreational Infrastructure: Includes a 'private court for tennis, pickleball, or basketball,' offering immediate high-end recreational options or a strong foundation for a 'resort-style oasis.'

Cons

Significant Renovation/Rebuild Required: The 1939-built existing home is explicitly presented as a 'canvas' for renovation or new construction, implying substantial additional investment and time beyond the purchase price.

High Entry Price for a Project: The $2.65 million list price is for the land and location, requiring the buyer to budget millions more for the intended luxury compound, potentially narrowing the buyer pool.

Lack of Desirable Views: The property detail explicitly states 'View: None,' which can be a comparative disadvantage in a luxury market where panoramic or city views often command a premium.

About this home

Price History

Pros

Cons

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5457 Encino, Encino, California 91316, Encino, 91316 - 3 bed, 2 bath

About this home

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI